Developer Codina, New York firm to partner on multi-family development projects

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Developer Armando Codina’s CC Residential is forming a strategic partnership with New York-based AREA Property Partners to develop apartment communities in South Florida, the companies announced today. The venture is currently developing the Signature at Doral, a 352-unit community in northwest Miami-Dade County. “We’re thrilled to expand our existing footprint in the South Florida residential market through this new development partnership,” said Richard Mack, North America CEO of AREA. The two companies are also partnering on the Signature at Davie, which will feature 350 apartment units on Davie Road between Southwest 31 and 29 streets. “It is a privilege to be working with the AREA Property Partners team on these two rental projects,” Codina said. — Alexander Britell